HSS Properties Corporation

Analysis

HSS Properties Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, HSS Properties Corporation reported income of $74.1m and spending of $68.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71.8m to $74.1m (+3.3%), an average of +0.8% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, HSS Properties Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Three Rivers Health System Inc ($73.8m), Aspirus Ironwood Hospital & Clinics Inc ($74.2m) and Mary Manning Walsh Nursing Home Co Inc ($73.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $711k (1.0% of expenses). Other salaries and wages came to $296k. At year end it held assets of $596.9m against liabilities of $484.5m, net assets of $112.5m. It reported 6 employees.